Investment Details
Investor Type
Corporate VC
Asset Class Focus
Private Equity, Venture Capital
Stage Focus
Seed, Early Stage, Series A, Series B, Growth, Late Stage
Geographical Focus
United States
Industries Focus
- Healthcare
- Software
- Medical Devices & Instruments
Investor Details
Cone Health Ventures is the corporate venture arm of Cone Health, a private, not-for-profit healthcare network based in Greensboro, North Carolina. The organization is dedicated to shaping the future of healthcare through strategic partnerships and innovation, aiming to address current challenges and enhance the quality of care. By collaborating with companies whose innovative solutions align with Cone Health's strategic priorities, Cone Health Ventures accelerates the commercialization of these solutions within a $3 billion health system, benefiting companies, Cone Health, and patients alike.
The venture arm partners with digital health and med tech companies to shorten development cycles and accelerate market adoption. This collaboration provides startups with unparalleled access to decision-makers and clinical staff, validation opportunities for co-developed solutions, business model refinement, and assistance in selling into other health systems. By working closely with health systems, startups can adapt their solutions to provide the greatest benefit to health system customers and test and validate those solutions.
Cone Health Ventures has engaged in several strategic partnerships to advance healthcare innovation. For instance, in January 2023, it announced a collaboration with Gradient Health, a medical technology company, to accelerate the innovation of healthcare technology. This partnership aims to provide leading medical researchers with access to the data needed to engineer more equitable and representative products for patients. Additionally, Cone Health Ventures has engaged in strategic agreements with companies like Artrya Limited to integrate advanced medical technologies into Cone Health's workflow, further enhancing patient care and outcomes.
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